£264,487
This estimated value is based upon the latest sale price for the house of £265,750 on 1 Mar 2023. This value is then adjusted by the current Official House Price Index for DURHAM 1
There have been two burglaries within the last year on or near Station Lane
More crime details
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| Price Paid | Date |
|---|---|
| £265,750 | 1 Mar 2023 |
| £180,000 | 22 Sep 2004 |
| £92,500 | 7 Dec 2001 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for DURHAM to estimate the market value.
When this house was purchased in March 2023 the House Price Index for DURHAM was 147.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.475%.Applying this -0.475% change to the original purchase price of £265,750 results in an estimated price of approximately £264,487.
| 1 Mar 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 146.7 | -0.475 % | £265,750 | £-1,262 | £264,487 |
The Postcode Pricing Model uses changes in average sales price within the DH2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 1.914 % | £5,087 | £270,837 |
| 3 Month Average | 20.509 % | £54,503 | £320,253 |
| 6 Month Average | 9.009 % | £23,942 | £289,692 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Station Lane |
| Jan 2024 | Other crime | Under investigation | On or near Station Lane |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Station Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elwin Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elwin Place |